According to Bharat Forge 's latest financial reports and stock price the company's current Operating Margin is 9.38%. At the end of 2023 the company had an Operating Margin of 6.41%.
Year | Operating Margin | Change |
---|---|---|
2023 | 6.41% | -54.05% |
2022 | 13.94% | -3430.86% |
2021 | -0.42% | -106.95% |
2020 | 6.02% | -63.8% |
2019 | 16.63% | 10.87% |
2018 | 15.00% | -3.41% |
2017 | 15.53% | 18.38% |
2016 | 13.12% | -12.52% |
2015 | 14.99% | 36.26% |
2014 | 11.00% | 58.44% |
2013 | 6.95% | -28.84% |
2012 | 9.76% | 11% |
2011 | 8.79% | -543.24% |
2010 | -1.98% | 719.67% |
2009 | -0.24% | -102.4% |
2008 | 10.09% | -4.67% |
2007 | 10.59% | -20.35% |
2006 | 13.30% | -18.21% |
2005 | 16.26% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.